Not Knowing THIS Could Cost Your Retirement Big Dollars

April 14, 2009 by Steve Haight 

Today, we’re going to start focusing on a very, very LARGE opportunity that very few investors know about.

PENSCO Trust, one of the veteran custodian companies in this market, estimates that 85% of financial advisors don’t even know that this opportunity exists. And you’ll discover why in just a few moments.

But if 85% of the professionals in the market do not understand the ins and outs of this, don’t feel bad.

Now before we jump into what the opportunity is, I want to take a moment and focus on the underlying principle that makes this so important.

It’s a powerful principle that I talk about over and over again in the Dirt Report and with my clients.

Success in Land Investing
Is About Control

I’ve said this many many times. Your success as a land investor comes down to how well you are able to CONTROL a set of very important factors.

How well you control when you get into an investment…

How well you control when you get out of an investment…

And how well you control how you fund an investment…

It’s all about control.

Plenty of investors do quite well simply controlling a property long enough for them to profit from it.

So today, we’re going to focus in on an area where most investors don’t even realize they actually DO have control. And we’re going to blow the doors wide open to help you see just what you’re missing in case you’re one of them.

Just a word of warning here:

In the end, everyone is looking out for #1, right? That’s just human nature. Don’t be surprised about it or ignore that fact. Just use it to your advantage.

So let me ask you these questions, “Who would you rather have in control of the investing of your money? Someone who makes a commission when you buy something from them? Or would you choose to put YOURSELF in control of your money?”

Sounds like a no-brainer doesn’t it? Unfortunately, it’s not for a lot of people… simply because they don’t realize they CAN take control.

Again, today’s issue of the Dirt Report is about CONTROL.

About you controlling what happens with your money…

About you controlling when things happen with your money…

About you controlling your future, as much as possible.

And that brings us to the meat of today’s issue. The “opportunity” I talked about earlier.

It’s something called a…

“Self-Directed” IRA

If you already have an IRA, then you know that the usual drill is that you hand your money over to someone else, who then makes choices about how best to invest that money.

They don’t ask your permission…

They don’t ask your opinion…

They just invest your money FOR you.

The only control you have is whether or not to participate.

Sometimes that turns out well. Recently, it’s not been turning out so well.

But what if you could take control of your IRA?

What if YOU could be the one to make the investment decisions?

And what if the possibilities for where to invest your money extended far beyond the normal stocks, bonds and mutual funds?

What if your choices included things like real estate? Land? Businesses?

Well take a quick look at this article from CNN Money:

Take charge of your IRA

It’s about people using self-directed IRAs to invest in real estate, businesses, even a cemetery.

Here’s a short quote from another PENSCO document:

“Among the many possibilities for investments using your IRA money are these:

-Start a business…

-Buy foreign real estate…
-Earn high interest rates on notes…
-Buy income producing real estate…
-Private placements…”

Did YOU know this was possible with an IRA?

Now normally I wouldn’t direct you to “old news” like this. After all, this article is from 2007.

But the funny thing is (and something you’ll read in the article) is that this has been possible from DAY 1 when IRAs were first invented back in 1974. This is TRULY old news. And that’s what makes it so sad.

Because for the past 35 years, this has been an option.

What do you think NOT knowing this has cost thousands and thousands of people who’ve been watching their IRAs evaporate?

So that begs the question, “Why don’t most people KNOW about this?”

Why don’t most people know about Self-Directed IRAs?

Why Most People Have
Never Heard of This

Here’s the quick answer:

Banks and brokers aren’t in the business of helping people, they are in the business of helping themselves profit. That’s what a corporation does, by law. It creates profits for the shareholders.

If they have to “help” someone to do it, well, let’s just say they consider that a means to an end.

Banks and brokers make money when you buy and sell stocks.

The self-directed IRA business is small beans for them… and profits are a whole lot lower than in their primary business of lending money and selling investment products.

So if you walk into most banks and ask about a “Self-Directed” IRA, they’ll probably just look at you funny.

They’re not interested. They might even say, “You can’t do that.”

The bottom line is, it’s just not a good deal… for THEM.

Plus… if they let you put your IRA money into a piece of real estate and sit on it for 3-5 years, well you’ll have that much LESS liquid funds to buy their other investment products.

You might think that sounds cynical. So be it. Here at the Dirt Report, we deal in REALITY. We don’t pay attention to the corporate PR machine that would like us to ignore reality and just keep paying the pied piper.

It’s time to get educated and use that information to help you profit.

If You Like This Introduction
to Self-Directed IRAs, Just
Wait ‘Till You See What We Have
Coming Down the Road…

So that’s the purpose of the Dirt Report. To get you the knowledge you need about how to profit.

And to expose you to and educate you about the opportunities that can help you prosper.

We’ve already spent a LOT of time doing our due diligence in this market (the Self-Directed IRA)…

And soon after we started, we quickly realized that a lot of people do not understand the idea of how to take retirement money, roll it over into a “Self-Directed” IRA and make independent investment decisions regarding their own retirement.

So we have a lot more coming about this… including interviews with experts in this field. Considering the state of the economy and the fact that thousands and thousands (if not millions) of people are watching their retirement funds disappear, this is stuff that needs to get out into the public.

These are options that people need to know about. Because people need choices.

Choices to help them take action to preserve what they DO have left.

I’ve even had clients that can’t look at their unopened IRA statements, now six months old, simply because they’re afraid to see how much they’ve lost this time around…

If you know of someone who could benefit from this type of education, then tell them about the Dirt Report now… before the next issue comes out.

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